Business

BOJ Kuroda’s Meeting With PM Abe Won’t Alter Policy Stance: Sources

Bank of Japan Governor Haruhiko Kuroda and Prime Minister Shinzo Abe will revive their regular meetings this month, people familiar with the matter said, in a sign the government may be concerned about recent stock market declines and an...

Citigroup Cuts 200 To 300 Jobs: WSJ

Citigroup Inc (C.N) has cut 200 to 300 jobs, or about 2 percent of its global markets workforce, the Wall Street Journal reported citing a person familiar with the matter. The bank is tightly managing expenses and "making targeted head...

Faster Wi-Fi On Flights Leads To Battle In The Sky

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Wi-Fi in the sky is taking off, promising much better connections for travelers and a bonanza for the companies that sell the systems. With satellite-based Wi-Fi, Internet speeds on jetliners are getting lightning fast. And airlines are finding that travelers...

U.S. Government Says Hackers Trying To Exploit ‘Heartbleed’ Bug

The U.S. government warned banks and other businesses on Friday to be on alert for hackers seeking to steal data exposed by the "Heartbleed" bug, as a German programmer took responsibility for the widespread security crisis. On a website for...

Microsoft Sued Over Browser Miscue That Led To $731 Million EU Fine

Microsoft Corp's board faces a lawsuit over the way it handled an error with its Internet Explorer browser that ended up costing the company a record-breaking $731 million fine by European antitrust regulators. The lawsuit, brought by shareholder Kim Barovic...

Unified Payments Offers Value Added Services Via Payarena

Unified Payment Services Limited, the leading Payments Industry Service Provider announces the introduction of a new service platform, known as Payarena. Payarena offers customers access to Value Added Services which include purchase of Airtime (Virtual Top Up, Prepaid PINs, Blackberry...

Exclusive: SEC Eyes Test That May Lead To Shift Away From ‘Dark Pools’

U.S. securities regulators are considering testing a proposed reform that could drive business to major stock exchanges and away from alternative trading venues such as "dark pools" that critics say may be hurting investors by reducing the quality of...

Google To Sell Glass To Public Next Week

Google Inc will take online orders for its Glass wearable gadget on April 15, in its biggest push to get the $1,500 wraparound Web-ready glasses out to the U.S. public. For a limited time starting Tuesday, Google will make the...

BlackBerry May Consider Exiting Handsets, Eyes Investments

BlackBerry Ltd would consider exiting its handset business if it remains unprofitable, its chief executive officer said on Wednesday, as the technology company looks to expand its corporate reach with investments, acquisitions and partnerships. "If I cannot make money on...

Motorola Mobility Names Rick Osterloh As COO Ahead Of Lenovo Buy

Motorola Mobility has named Rick Osterloh as its chief operating officer, reporting to the Motorola Operating Board at Google Inc until its acquisition by Lenovo Group Ltd is completed. The appointment was made public on Wednesday on Motorola's official blog...